Oracle Financial Services Software reports a **29% year-over-year net profit increase** to ₹702 crore in Q2 FY27, alongside a **7% revenue growth**. The results reflect stronger financial performance compared to the same period last year.
Oracle Financial Services Software Limited reports **Rs. 1,907 crore in Q2 revenue (7% YoY growth)** and **Rs. 702 crore in net income (29% YoY increase)** for fiscal 2027. The subsidiary of Oracle Corporation highlights strong financial performance in its second-quarter results ending September 30, 2026. The growth reflects both revenue expansion and improved profitability.
Oracle Financial Services Software (OFSS) stock drops over 5% following Oracle’s force majeure notice on a major AI data centre project in New Mexico. The move raises financing concerns in AI infrastructure, pushing OFSS shares to a nine-week low of Rs 10,332 on the National Stock Exchange (NSE). Investors react to potential delays or cancellations tied to the project’s execution.
Oracle Financial Services Software Limited names **Avadhut Ketkar** as its new **Managing Director and Chief Executive Officer**. Ketkar also assumes the role of **Additional Director** within the company. The appointment formalizes his leadership over the firm’s financial software operations.
